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Feb 23, 2013
02/13
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the u.s. justice department announced this afternoon that it will join a civil lawsuit that claims armstrong defrauded the federal government. here's bob orr. >> reporter: the lawsuit as lance armstrong broke his sponsorship contract with the u.s. postal service by using performance-enhancing drugs while winning multiple tour de france titles. the postal service paid at least $31 million to sponsor armstrong's cycling team and now the justice department wants that money back and could seek total damages approaching $100 million. the lawsuit, first filed by armstrong's former teammate floyd landis in 2010, claims the team knowingly caused the united states postal service agreements to be violated by regularly employing banned substances and methods to enhance their performance. that charge brought strong denials from armstrong at the time. >> he's got no proof. it's his word versus ours. >> reporter: but in 2011, another teammate, tyler hamilon, told "60 minutes" armstrong did used banned subst
the u.s. justice department announced this afternoon that it will join a civil lawsuit that claims armstrong defrauded the federal government. here's bob orr. >> reporter: the lawsuit as lance armstrong broke his sponsorship contract with the u.s. postal service by using performance-enhancing drugs while winning multiple tour de france titles. the postal service paid at least $31 million to sponsor armstrong's cycling team and now the justice department wants that money back and could...
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Feb 23, 2013
02/13
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KPIX
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that's when the head of the u.s. anti-doping agency, travis tygart, pressed ahead and brought armstrong down. in his only interview, we spoke to tygart for "60 minutes." when you first heard that the u.s. department of justice was going to investigate whether criminal charges were appropriate in this case, what did you think of that? >> i thought it was absolutely appropriate. it was the right thing to do. federal taxpayers... close to $40 million were paid to this team to run what we now know was the most sophisticated and professionalized drug program the world has ever seen. >> pelley: after the criminal investigation was dropped, travis tygart pressed ahead and developed the evidence that cost armstrong his titles and resulted in his lifetime ban from sports. last month, tygart sent this letter to the u.s. attorney general urging him to join the fraud lawsuit. tygart wrote that armstrong's scheme was "one of the greatest frauds in the history of sport." he called armstrong's previous denials "cold, calculated lie
that's when the head of the u.s. anti-doping agency, travis tygart, pressed ahead and brought armstrong down. in his only interview, we spoke to tygart for "60 minutes." when you first heard that the u.s. department of justice was going to investigate whether criminal charges were appropriate in this case, what did you think of that? >> i thought it was absolutely appropriate. it was the right thing to do. federal taxpayers... close to $40 million were paid to this team to run...
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Feb 23, 2013
02/13
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KQED
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what gives you confidence in u.s. housing? >> tom, there's a couple factors that we like about u.s. housing. first is that there's still a fair amount of pent-up demand for housing. housing starts are running at levels still belv normal. normally we'd see about 1.5 million starts. we're at 900,000. plus interest rates are very low making affordability high. we think the combination of pent-up demand and affordability will help propel the housing market. >> tom: what about over in china with the consumer there who is kind of been pushed and pulled between stim lutz and pulling back the stimulus from beijing? >> that is an area that we do like. besides the long-term secular growth of rising wealth in china, we also now have a new leadership in place in china and that's given more confidence to the chinese consumer, and we think we're going to see continued growth in that parent of the global economy. >> tom: you've described this as a barbell approach. on one end the united states, on the other end you like china. that's leading you to technology. xlk is the ticker symbol. why do you
what gives you confidence in u.s. housing? >> tom, there's a couple factors that we like about u.s. housing. first is that there's still a fair amount of pent-up demand for housing. housing starts are running at levels still belv normal. normally we'd see about 1.5 million starts. we're at 900,000. plus interest rates are very low making affordability high. we think the combination of pent-up demand and affordability will help propel the housing market. >> tom: what about over in...
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Feb 23, 2013
02/13
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. >> how without a backbone, u.s. talking about getting tough with china over dozen of cyber attacks it's accused of waging against government agencies. so far it's all talk. even though the hacking is a serious threat. does this prove the fact that we owe china so much money it's our biggest threat? jonathan, go at it. >> the deficit is a threat no matter who we owe it to. why we haven't had a backbone, we haven't had had a military threat like with iran. we should. we need an adlai stephenson type, this is violation of intellectual property and united states are not going to stand for it when it comes to government computers. however,, this hurts china more than anyone. >> is our debt making us weak? >> i can tell you you, if we didn't have the $1.2 trillion debt that china, we borrowed china we would be in a different situation. there would be less hesitation with moving forward to say enough is enough. one of the ranking members on homeland land, this is something we discussed and find a balance between private in
. >> how without a backbone, u.s. talking about getting tough with china over dozen of cyber attacks it's accused of waging against government agencies. so far it's all talk. even though the hacking is a serious threat. does this prove the fact that we owe china so much money it's our biggest threat? jonathan, go at it. >> the deficit is a threat no matter who we owe it to. why we haven't had a backbone, we haven't had had a military threat like with iran. we should. we need an...
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Feb 23, 2013
02/13
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eastern, on c-span. >> now, u.s. chamber of commerce tom donahue spoke at the manhattan institute about the federal budget, the economy, and immigration. his remarks are about one hour. >> it is my honor to introduce tom donahue, president of the u.s. chamber of commerce. [applause] it was 1990 seven that tom became president and ceo of the u.s. chamber. over the past years, he built the chamber into an unparalleled lobbying powerhouse. it is more than duple -- more than quadrupled the budget. the lobbyists, policy experts, and communicators have helped secure business victories on capitol hill, the regulatory agencies, courts of law, and the court of public opinion and governments around the world. one of his great abilities is the knack to identify key issues well ahead of the curve. in an era of economic and fiscal challenges, he has aggressively advanced the american jobs and growth agenda. i plan to rebuild america's infrastructure, new regulations, protecting intellectual property, and reforming entitlements an
eastern, on c-span. >> now, u.s. chamber of commerce tom donahue spoke at the manhattan institute about the federal budget, the economy, and immigration. his remarks are about one hour. >> it is my honor to introduce tom donahue, president of the u.s. chamber of commerce. [applause] it was 1990 seven that tom became president and ceo of the u.s. chamber. over the past years, he built the chamber into an unparalleled lobbying powerhouse. it is more than duple -- more than quadrupled...
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Feb 23, 2013
02/13
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the u.s. faces its own economic problem, britain's economy is facing a serious new setback. moody's, the credit rating agency, announced the first ever downgrade of the u.k.'s pristine credit rating by a notch, blaming weak growth and political turmoil for throwing its deficit reduction plan off course. david ram con says he has full confidence in his finance minister, george osborne, despite criticism that their debt strategy is failing to deliver, britain now joining the u.s. and france in having lost its triple a rating from at least one major agency. >>> serious new concerns out of iran asment country's powerful revolutionary guard begins new military exercises, at the same time iranian scientists announcing plans to build at least a dozen more nuclear power plants. conner powell has more from our middle east bureau. >> iran announced it found a new large uranium deposit which if true, would triple the size of their known supply. under the current sanctioned regime, iran is not allowed to
the u.s. faces its own economic problem, britain's economy is facing a serious new setback. moody's, the credit rating agency, announced the first ever downgrade of the u.k.'s pristine credit rating by a notch, blaming weak growth and political turmoil for throwing its deficit reduction plan off course. david ram con says he has full confidence in his finance minister, george osborne, despite criticism that their debt strategy is failing to deliver, britain now joining the u.s. and france in...
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Feb 23, 2013
02/13
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KNTV
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was cheating the federal government when he raced in the tour de france on a team sponsored by the u.s. postal service. the government today joined a lawsuit that had been filed earlier by one of his teammates, floyd landis. it says armstrong violated a strict ban on illegal drugs, all the while claiming he never used them. the government says armstrong and his team owners cheated the postal service out of at least $30 million that it paid to sponsor his racing team. but armstrong's lawyers say tonight the postal service's own study show it benefited tremendously from its sponsorship, benefits totalling more than $100 million. the justice department says lance armstrong's confessional television interview will be a factor as this goes forward, brian. >> pete williams in d.c. for us tonight. pete, thanks. >>> now to that huge winter storm that left parts of the midwest buried in snow overnight. it's all headed northeast now with new england looking at its third weekend in a row with significant precipitation and high winds. nbc's john yang in chicago covering for us. >> reporter: across
was cheating the federal government when he raced in the tour de france on a team sponsored by the u.s. postal service. the government today joined a lawsuit that had been filed earlier by one of his teammates, floyd landis. it says armstrong violated a strict ban on illegal drugs, all the while claiming he never used them. the government says armstrong and his team owners cheated the postal service out of at least $30 million that it paid to sponsor his racing team. but armstrong's lawyers say...
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Feb 23, 2013
02/13
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the u.s. postal service. as you'll recall, he last month admitted that he did indeed use performance enhancing drugs to win all seven of his tour defrance titles. the u.s. anti-doping agency accused him of running, quote, the most sophisticated professionalized and successful doping program that sports has ever seen. but this week lance armstrong's attorney said he will not be testifying under oath about what he did. the lawsuit alleges armstrong and his fellow riders knowingly violated their contract with the postal service by using druses. he claims they tarnished the postal service's reputation and it claims they pocketed $30 million in the process. of course, lance armstrong's attorneys dispute the allegations and in a statement today said, the postal service's own studies show that the service benefited tremendously from its sponsorship, benefits totaling $100 million. rich edison from the "fox business" network live from d.c how much could this cost lance armstrong? >> he and his cycling
the u.s. postal service. as you'll recall, he last month admitted that he did indeed use performance enhancing drugs to win all seven of his tour defrance titles. the u.s. anti-doping agency accused him of running, quote, the most sophisticated professionalized and successful doping program that sports has ever seen. but this week lance armstrong's attorney said he will not be testifying under oath about what he did. the lawsuit alleges armstrong and his fellow riders knowingly violated their...
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Feb 23, 2013
02/13
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first, just one month ago, secretary clinton said that the u.s. opposes any unilateral action seeking to undermine japan's administration -- >> i'm sorry, who said that? >> secretary clinton. >> hillary clinton is no longer secretary. >> yes, former secretary. >> oh, i see. >> yes, she said the u.s. will oppose any unilateral actions seeking to undermine japan's administration over diaoyu islands. and i just want to know, is that the firm position that the president will address? >> i haven't seen those comments. i would simply say that the president's meeting with the prime minister in just a little while here, and there will be a pool spray, and i think they both will have statements. so i don't want to get ahead of that. >> and also, on north korea. russia and china today -- they say they oppose any military intervention in north korea. what's the position of the white house? >> again, i would urge you to hear what the president has to say today. i think we got to go, because -- >> can i do just one quickly? >> yes, one more, kristen. >> can yo
first, just one month ago, secretary clinton said that the u.s. opposes any unilateral action seeking to undermine japan's administration -- >> i'm sorry, who said that? >> secretary clinton. >> hillary clinton is no longer secretary. >> yes, former secretary. >> oh, i see. >> yes, she said the u.s. will oppose any unilateral actions seeking to undermine japan's administration over diaoyu islands. and i just want to know, is that the firm position that the...
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Feb 23, 2013
02/13
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KTVU
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the senator is one of eight u.s. senators working on a bipartisan bill and he says there are still areas of significant disagreement with the president, but he is optimistic legislation can be passed that will include a path to citizenship for illegal immigrants. >>> the obama administration is also asking the supreme court to declare the defense of mayor jack unconstitutional. the government argue the law denies federal benefits to tens of thousands of same-sex couples married under state law. the supreme court is scheduled to hear the defense of marriage case next month. >>> the annual meeting of governors, implementing healthcare reform is on the agenda. brown is also on the natural resources committee, which will meet tomorrow to talk about extreme weather events in the united states. on monday, the governors plan to meet with the president. >>> democrats no longer have supermajority power in the state senate. central valley democrat michael rubio stepped down yesterday after two years in office, citing family re
the senator is one of eight u.s. senators working on a bipartisan bill and he says there are still areas of significant disagreement with the president, but he is optimistic legislation can be passed that will include a path to citizenship for illegal immigrants. >>> the obama administration is also asking the supreme court to declare the defense of mayor jack unconstitutional. the government argue the law denies federal benefits to tens of thousands of same-sex couples married under...